Seattle, WA 98105,5520 University WAY NE
Seattle, WA 98105,5520 University WAY NE
Seattle, WA 98105,5520 University WAY NE
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Listed by COMPASS
$2,999,950
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7,440 Sqft Lot
Active

5520 University WAY NE Seattle, WA 98105

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision University District

MLS Listing ID 2345797

Style 43 - Comm/Industrial

Annual Tax Amount $22,021

Lot Size 7,440 Sqft

Lot Dimensions 80' x 93'

Property Sub-Type Land

Property Description

Discover an exceptional development opportunity located in the vibrant heart of the U-District. Situated just blocks away from the University of Washington and the new Roosevelt light rail station, this property offers unparalleled convenience & connectivity. This location promises a dynamic urban lifestyle w/proximity to Ravenna Park, Green Lake, U-Village Shopping Center, Whole Foods, Trader Joes, bars & eateries. The 7440 sf lot is currently zoned NC2P-40, in future up zone area of U-District! Seize the opportunity with this ideal development site. Not only a prime location, and w/possible height limit increasing from 40' to 65'. Whether you are looking to invest in student housing, retail or mixed use, this site holds immense potential!

Location

State WA

County King

Area 710 - North Seattle

Interior

Fireplace false

Exterior

Utilities Available Electricity Available, Natural Gas Available

View Y/N Yes

View Territorial

Building

Lot Description Curbs, Open Space, Paved, Sidewalk

Sewer In Street

Water Available, In Street

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional


Northwest MLS (NWMLS)

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agent

Jeff Koch

Designated Broker | License ID: 20570

+1(253) 254-3600

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5520 University WAY NE